Diara Adnin's Internship Journey

  WEEK 4 Date: 23 September 2024 - 27 September 2024 Day : Monday - Friday Location : DESB, Pasir Gudang Time: 8.30 a.m - 7.00 p.m TASKS OF THE WEEK   My last engagement at DESB Day 126 ( 23 September 2024) Updating Progressive Billing & Payment Cerificate In updating the Progressive Billing and Payment Certificate, I focused on identifying payments made during the year to ensure accurate accounting and compliance with project agreements. This review involved a detailed examination of all progressive billings submitted, cross-referencing them with payment records to verify that billed amounts matched payments received. Ensuring that all necessary approvals for these payments were secured is crucial for maintaining financial integrity and transparency. Lessons Learned: Through the day, I learned  the importance of accurate record-keeping became evident, as thorough documentation helps track payments and identify inconsistencies early. Additionally, effective communicat...

WEEK 3 Date: 16 September 2024 - 20 September 2024 Day : Monday - Friday Location : DESB, Pasir Gudang Time: 8.30 a.m - 7.00 p.m TASKS OF THE WEEK   Third week at DESB Day 121 ( 16 September 2024) Public Holiday - Hari Malaysia Day 122 (17  September 2024 ) Company Declare Holiday - Hari Malaysia Day 123 (18  September 2024 ) Performing sales verification I met with Ms. Laili to obtain the information previously requested and updated the respective working papers accordingly. However, I faced challenges in securing the relevant documents due to multiple individuals being responsible for each project, which made access to the necessary information more difficult.  I   also conducted a thorough double-check of all project documentation for the three-year period. This ensured that all information was current and accurate, allowing for a comprehensive review of the sales verification process. Lessons Learned: On this day, I learned the importance of effective collab...

WEEK 2 Date:  9 September 2024 - 13 September 2024 Day : Monday - Friday Location : DESB, Pasir Gudang Time: 8.30 a.m - 7.00 p.m TASKS OF THE WEEK   Work area at DESB Day 116 ( 9 September 2024) Performing sales verification During the second week of my engagement with DESB, I was assigned to perform sales verification for projects completed by DESB. My primary responsibilities included vouching all relevant documents, such as letters of awards, purchase orders, and variation orders, covering a three-year period from 2022 to 2024. I organized my approach by first familiarizing myself with the necessary documentation for each year. This allowed me to systematically verify each project and confirm that all sales transactions were backed by proper authorizations. Throughout the process, I maintained close communication with my team members to clarify any uncertainties and share findings. Lessons Learned: From this experience, I learned the thoroughness in documentation. In this c...

WEEK 1 Date:  2 September 2024 - 6 September 2024 Day : Monday - Friday Location : DESB, Pasir Gudang Time: 8.30 a.m - 7.00 p.m TASKS OF THE WEEK   Fourth engagement at DESB, Pasir Gudang Day 111 ( 2 September 2024) Assist assistance manager on working paper  For my fourth engagement, I was assigned to join the DESB audit team that consists of 7 team members during September led by Ye Shean. As a new client, we were tasked with auditing the company for a period of three years (2022 to 2024) to ensure financial accountability and accuracy over time. The purpose of auditing three consecutive years was to provide a comprehensive view of the company's financial practices, detect any irregularities, and ensure consistency in reporting. My first task in this engagement was updating the cost cut-off test for subcontractor wages. I started updating the working paper from 2022 and asking the seniors if I found any difficulties on obtains the information from the company's system. ...